Dogecoin (DOGE)

Dogecoin price is expected to break the resistance of the rising parallel channel. The MACD suggests a continuation of the prevailing consolidation, while the bullish divergence in RSI offers some hope.

Dogecoin (DOGE) price has experienced a substantial upswing over the last 30 days, as seen in the above chart. The token is currently poised for a similar upswing.

The volume has contracted, compelling the price to hover within a narrow range at $0.6724 and sustain the gains.

The BTC price is also expected to kick out of consolidation soon, and accordingly, the DOGE price is likely to break the resistance of the rising parallel channel.

The MACD suggests a continuation of the prevailing consolidation. However, the bullish divergence in RSI offers some hope.

If the price manages to remain above the average bands, then it may rise further and get consolidated along the average bands until the market breaks out.

The upcoming move may not only make Dogecoin a $100B asset but also help the price achieve the $1 milestone.

Cardano price is stuck within a range after a notable rise, similar to what occurred in Q4 2020, which triggered over 1700% rise after a breakout.

The supertrend has flipped to bullish again after January 2021 and RSI has also marched a rise to the overbought zone for the first time after the previous bull run. However, the dropped volume could be a matter of concern.

If the ADA price managed to hold the support, then the token could validate a strong bull run. This move may enable the third-generation token Cardano to achieve the $100B market capitalization, which could push the price close to $10.